Posts by Charles Rukuni

ZDB Financial Services now seems to be out of the doldrums. After recording paltry profits of under $30 million for two consecutive years, the institution last year recorded a five-fold…

Rapid Discount House had a slight drop in profit from $430.6 million to $420.1 million, largely because of an increase in operating expenditure and a higher tax provision. Interest income…

Time Bank had a strong performance with net profit increasing from $679.7 million to $2.1 billion last year. Net interest income increased from $994.3 million to $2.9 billion while fees…

Kenneth Schofield has not only filled in the shoes of Chris Schofield as chairman of Radar but he seems to have inherited the humour that he packed in his company…

Zimbabwe and the United States may be at loggerheads but Border Timbers seems to be doing booming business in the United States. And it says despite the turmoil in the…

Though its operations are much smaller, retail chain Truworths saw its sales increase by 214 percent and net profit by 397 percent during the year ended January 5. Sales increased…

The hyperinflationary conditions in Zimbabwe which have boosted consumer spending saw retail chain Edgars increase sales by 194 percent and net profit by 324 percent during the year ended January…

It's a tale of woes. Volumes down by 10 percent. Supplies of raw materials reduced by 60 percent. But food companies usually thrive during droughts. Despite price controls on most…

Enock Kamushinda, ever the optimistic, and a strong believer in the land reform programme, seems to be having a hard time turning around Zimpapers, the country's largest newspaper group. The…

The government and the Zimbabwe Congress of Trade Unions (ZCTU) could be heading for serious confrontation.  The ZCTU which successfully staged a three-day strike from April 23 to 25, is…